Why You Should Buy Krugerrand Gold Bullion Now

[osterpicado]

today, 12/04/10, gold is $1,416.00 per oz., silver $29.43 per oz.

[wildboy789789]

in 2000 gold was $300 an ounce... now its $1000

im kinda scared to buy while its so exspencive... but i heard that gold will hit $2000 an ounce before this is over :)

i hope all this work doesnt lead me to lose my money

[roadkillz78]

@wildboy789789 Indeed it is usually increasing...just gotta watch the market when it goes down a bit, that would be the most ideal time. However, would you rather wait if the economy continues to crash and the dollar becomes worthless to where you have no gold at all? If you are too afraid of gold, silver is the next best alternative as it is cheaper than gold. It is still as a good back up as gold! A lot of sliver can easily add up!

[wildboy789789]

@roadkillz78 now that obama is bringing the value of the dollar up i decided to invest in dollars... my bank is already increaseing the intrest rates :)... but rest assured if a republican wins 2012 ill be turning thos dollars into euros (depending on how greece's economy is doing by then)

[roadkillz78]

@wildboy789789 Just be careful with those. Obama really has no control over the value of money. It is the Feds that do that and with no change in sight, most economists think the dollar could collapse. Greece's bankruptcy could give the dollar a boost, but if the Feds decide to bail out Greece and print more money to do so, that could devalue the dollar and euro even more. Gold and Silver are good insurance policies over an unsure commodity like "paper" money.

[randy95023]

I like my Gold and Silver because it's "off the books". You can be holding a LOT of Gold and still be "poor" on paper. It's gonna make retirement easier. An SSI check PLUS 1 Krugerrand a month will allow you to live in a small apartment with a cat if you don't care about luxuries or eating out very often. Live simple and hoard Gold. Don't trust the Gov't to take care of you. Us Americans will get through this OK, I just worry about our kids who've never known frugality...

[wildboy789789]

im 18 and buying 6 kruggrands with my savings

im telling my friend and family too :)

[DinosaurDubstep]

@randy95023 Ok ok settle down now uncle Billy.

[raunholt]

I have one!!

[fenderwai]

u think too long, market are going back up. it is good to invest in gold but only when u have spare money. Buy stocks for now its bull market again. you can set a goal of how many gold u buy each year but not i suggest not to use more than 20% of your total income of the year to buy gold.

[wildboy789789]

stocks and bull markets dont matter right now... the federal reserve bank of america is buying all the gold they can while they print more and more money

every doller you save loses value every day... im turning all my dollers into gold... if gold hits 2000 an ounce then great... if it doesnt then ill keep the gold for 50 years and see what happens

[sgtp]

krugerrands are alloyed with copper and have a different color than .999 pure gold....just saying